European countries with the highest growth in housing prices in the Q2 of 2016

Oct. 14, 2016

European countries with the highest growth in housing prices in the Q2 of 2016

According to Eurostat, in the second quarter of 2016, housing prices in the Euro area rose by 2.9% and in the EU by 4%. When analyzing all the first half of  the year, rising prices are less significant: +1.6% for the EU and +1.4% for the Eurozone.


Annually the most active in the second quarter prices rose in Latvia and Hungary (+10.3%). They are followed by Sweden, Austria and the UK. At the other extreme are Cyprus and Italy, where property prices fell by 8.9% and 1.4%, respectively.


QoQ, the highest growth is in Estonia, Latvia and Lithuania, Portugal and the UK. During the Q2 prices fell in Croatia, Cyprus, Hungary and Italy.

Based on the materials of sputnik-news.ee

Photocredit Depositphotos.com